Check Availability

40300 Forest Drive

40300 Forest Drive, Homer, AK 99603
Property in Kenai Peninsula
Sold Sep 25, 2020
$288,800
$231,000 by Alaska Usa Mortgage Co Llc
Mortgage Due Oct 01, 2050
Sold Feb 19, 2019
Transfer
Local assessors in Homer, AK have categorized 40300 Forest Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 110,207 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 40300 Forest Drive has a total of 956 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 40300 Forest Drive sold most recently in Sep 21, 2020 for a total of $288,800. If you work out the math, that's approximately a cost of $302.09 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,990 in taxes each year. 40300 Forest Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $223,300. If we break it down further, the land itself was valued at $76,500. Improvements to the property, however, were assessed at a total of $146,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Unimproved
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 110,207
  • Total Building Area: 956
  • Gross Building Area: 956
  • Building Area: 956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BELNAP SUB
  • Land Acres: 2.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T 6S R 14W SEC 4 SEWARD MERIDIAN HM 0760018 BELNAP SUB UNIT 2 BLK 3 TRACT 3

Ownership

  • Current Owner : DIAZ BREANNA L
  • Current Owner 2: DIAZ ADAM S
  • Previous Owner : DIAZ BREANNA L
  • Previous Owner 2: DIAZ ADAM S
  • Owner Before Previous Owner: WEISSER JASON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kenai Peninsula Borough School District
  • Census Tract: 001000

Geography

  • Subdivision Tract Number: 3
  • Parcel: 173-540-03
  • Block: 3
  • Meridian: SEC 04 TWN 06S RNG 14W
  • Municipality: GREATER KACHEMAK FIRE
  • Latitude: 59.6881
  • Longitude: -151.667

    Address

  • Full Address: 40300 Forest Dr
  • Legal Unit: 2
  • Address - House Number: 40300
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: AK
  • City Name: Homer
  • Zip Code: 99603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,990
  • Tax Rate Code Area: 81

    Appraisal Valuation

  • Standard Deviation: 0.2428
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 359,737
  • High Value: 447,090
  • Low Value: 272,385

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,000
  • First Open Lien Mortgage Lender: ALASKA USA MORTGAGE CO LLC
  • First Open Lien Mortgage Recording Date: Sep 25, 2020
  • First Open Lien Mortgage Loan Amount: $231,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $223,300
  • Market Land Value: $76,500
  • Market Improvement Value: $146,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,300
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $146,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Transaction ID: 11789707406
  • Current Sale Price: $288,800
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2020-003189-0
  • Previous Sale Recording Date: Feb 19, 2019
  • Previous Sale Contract Date: Feb 15, 2019
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALASKA USA MORTGAGE CO LLC
  • First Mortgage Transaction Date: Sep 25, 2020
  • First Mortgage Loan Amount: $231,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Diamond Ridge



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 40300 Forest Drive located in?
The 40300 Forest Drive is a located in the neighborhood of Kenai Peninsula in Diamond Ridge, Homer.
What is the average sales price for listings in 40300 Forest Drive?
The average sales price for units in 40300 Forest Drive is $0 currently.

Quantcast